This property might be a fair Mid-Term investment with a projected 2.18% first-year return on $84,738 initial cash invested.
2.18%
Cash On Cash
7.16%
Cap Rate
1.17
DSCR
$3,099
Rent
$154
Cashflow
Cash Flow
$3,099 income − $2,945 expenses = $154 cash flow
Investment Breakdown
|
Purchase Price
$318k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,738
Downpayment
20%
$63,560
Closing costs
1%
$3,178
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,099
Total Expenses
$2,945
Mortgage P&I
52%
$1,619
Property Taxes
5%
$160
Home Insurance
4%
$112
HOA
0%
$0
Property Management
12%
$372
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$341